Israel

Limitless Labs Raises $20 Mn in Series A Round

Jun 17, 2026 | By Startup Rise

Limitless Labs Raises $20 Mn in Series A Round

Limitless Labs, a company that develops AI software for precision manufacturing, has raised US$20 million in a Series A funding round. The company will use the new investment to improve its Physical AI Foundation Model and expand the use of its technology in aerospace, defense, and industrial manufacturing industries.

The funding round was co-led by Dell Technologies Capital and Square Peg, with additional support from Grove Ventures, Meron Capital, and Kinetica. Since its launch in 2024, Limitless Labs has now raised a total of $27.3 million in funding.

Previously known as LimitlessCNC, the Tel Aviv-based company has created an AI-powered platform designed for computer-aided design (CAD) and computer-aided manufacturing (CAM). The company says its technology is the first "agentic physical AI" platform built specifically for manufacturing and engineering workflows.

The software works directly inside the design and manufacturing tools that engineers already use. It helps manufacturers automate CNC programming, create more consistent production processes, and retain valuable knowledge and expertise within the organization, even when experienced employees leave.

“The manufacturing world doesn’t just need more automation; it needs a better way to capture and scale the expertise that still lives inside the heads of a relatively small number of experienced machinists,” said David Priev, co-founder and CEO of Limitless Labs. “We built Limitless Labs to work inside the CAD/CAM systems manufacturers already use, helping teams standardize best practices, reduce programming bottlenecks, and free senior programmers to focus on the hardest work.”

At the core of Limitless Labs' platform is its Physical AI Foundation Model. The model is trained using manufacturing-related data, including CAD designs, machining processes, and information about how metal is cut and shaped during production.

Unlike general AI models that learn from text, images, or code, this AI is built specifically for the manufacturing industry. It is designed to understand real factory operations and help manufacturers solve practical production and engineering challenges more effectively.

Founded in 2024 by David Priev, Assaf Peleg, and Shahaf Finder. Limitless Labs is a technology company based in Tel Aviv that develops AI software for the manufacturing industry. The company focuses on helping manufacturers improve efficiency, automate complex tasks, and preserve engineering knowledge.

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